Who owns Answers.com?
Answers.com, formerly known as WikiAnswers, is an Internet-based knowledge exchange. The Answers.com domain name was purchased by entrepreneurs Bill Gross and Henrik Jones at idealab in 1996. The domain name was acquired by NetShepard and subsequently sold to GuruNet and then AFCV Holdings. The website is now the primary product of the Answers Corporation. Who…
Answers.com, formerly known as WikiAnswers, is an Internet-based knowledge exchange. The Answers.com domain name was purchased by entrepreneurs Bill Gross and Henrik Jones at idealab in 1996. The domain name was acquired by NetShepard and subsequently sold to GuruNet and then AFCV Holdings. The website is now the primary product of the Answers Corporation.
Who owns Answers.com?
GuruNet was founded in Jerusalem in 1999 to develop technology that intelligently and automatically integrates and retrieves information from disparate sources and delivers the result in a single consolidated view to the user. GuruNet initially displayed its information through a downloadable software product, today known as 1-Click Answers.
GuruNet changed its corporate name to Answers Corporation, unifying the company’s name and its website, Answers.com. At the start of 2011, the site surpassed 11 million answers. Shortly after, on February 3, Answers.com announced in a press release that it had agreed to be acquired by AFCV Holdings for $127 million in cash. AFCV Holdings, LLC, is a portfolio company of growth equity investor Summit Partners. Bob Rosenschein was quoted. In May 2022, Answers.com was purchased by System1.
David Karandish has gone from young entrepreneurial side hustles to raising over $150 million, and now launching a new startup ecosystem which includes his new AI startup, Capacity, after selling Answers.com company for almost $1 billion.
